Money Market Quiet as Rates Hold Steady in Boston
Boston money market shows little change with general market papers 4% to 6% and best town loans at 3% to 3.5. Call loans secured by collateral run 4% to 4.5% while clearing house balances dip and New York funds trade near par to premium. Union Pacific earnings and taxes cited. Atchison and Chicago lines move on rights and extensions as market breadth widens with numerous bond and stock movements.
MENTIONED IN THIS ARTICLE
Boston
New York
Sterling Exchange
Asinwall Land
Brookline Land
West End Land
Boston Land
Boylston Street
Boston Water Power
San Diego
Atchison
Atlantic & Pacific
New York Stock Exchange
Gulf, Colorado & Santa Fe
Chicago
Stron Aving
Strong
Chicago, Burlington & Quincy
Chicago, Burlington & Northern
Duluth
Lake Pepin
Grantsburg
Superior
Union Pacific
Union Pacific Railway
Dividend Declarations From Wellfleet Marine and North Pennsylvania
The Wellfleet Marine Insurance Company in Wellfleet Massachusetts states a 10 percent dividend. The North Pennsylvania Railroad Company declares a 2 percent quarterly dividend.
MENTIONED IN THIS ARTICLE
Wellfleet
Mass
Steady Close with Mixed Bond and Stock Movements
New York trading closed steady with small gains in several issues after a quiet session. Railroad bonds held firm near par as various trusts and utility issues posted modest advances, while overall market turnover reached about 382,602 shares with notable activity in New York and Boston listings.
MENTIONED IN THIS ARTICLE
New York
London Stock Markets Firm Amid Bullion Movement
London stock markets show firmness with American securities strong. Egyptian assets rise on rumors of a British protectorate. Bank of England bullion today at £47,000, reserves up to 50.07 percent. Paris and Vienna report quiet and firm conditions. German Imperial Bank notes a 10,360,000 mark rise in specie.
MENTIONED IN THIS ARTICLE
London
United States
Atlantic & Great Western
Canadian Pacific
Erie
Illinois Centre
St. Paul Common
New York Central
Pennsylvania
Reading
Bank of England
Paris
Bank of France
Vienna
Berlin
Imperial Bank of Germany
New York Financial Markets End Slightly Steady After Uneven Trading
Money on call was easy at 3 to 4 percent with last loan at 3 ¾ and close near that. Government and railroad bonds remained quiet and steady. The stock market showed initial strength, then drifted lower led by Lake Shore and Jersey Central, but later recovered with gains erased by the final hour.
MENTIONED IN THIS ARTICLE
Boston
Eastern
Bell Telephone
Erie
New England
Jamson
West End
Boston Land
Aspinwall
Brookline
New York
Sterling Exchange
Lake Shore
Jersey Central
Pacific Mail and Panama Railroad Reach Formal Settlement
The adjourned Pacific Mail Steamship Company and Panama Railroad Company conference approved a compromise on the Transcontinental pool dispute. Panama receives 1600000 in value adjustments, monthly payments drop from 70000 to 55000, and Pacific Mail can curtail service, saving about 50000 monthly. Remaining savings exceed 1600000 over seven years. Directors anticipate subsidy talks and potential rate increases soon.
MENTIONED IN THIS ARTICLE
Pacific Mail
Pacific Mail Steamship Company
Panama Railroad Company
Houston
Edward Lauterbach
Messrs. Seligman, McCullough
Ellis
Decosta
Panama
New Securities Listed By New York Stock Exchange
The governing committee of the New York Stock Exchange listed several new securities on Wednesday. Gulf, Colorado & Santa Fe road added first mortgage bonds totaling $600,000. Richmond & West Point Terminal Company issued $16,000,000 in additional common stock, bringing total outstanding to $40,000,000. St Paul Minneapolis & Manitoba road added consolidated mortgage bonds of $5,846,000. Oregon Railway and Navigation company issued $500,000 in additional consolidated mortgage bonds, totaling $4,655,000. St. Louis, Kansas & Southwestern railroad issued first mortgage bonds of $735,000. Tennessee Coal Lion and Railroad Company added consolidated first mortgage bonds for the Birmingham division at $4,000,000. Bonds require coupon No. 1, due July 1, 1887, or $30 cash. Minneapolis & Pacific.
MENTIONED IN THIS ARTICLE
Rutland
Summit Branch
Ny&ne
K&w
BA Seuss
KC & So
Am Bell Tel
Toastman
Cal & Hecla
Osceola
West End Land
A.t&sf
At & Pae
B &N
Cal S0
Eve Oenere
Seereee
Feree
Boa
Fitchburg
Pacific
UN Pacific
Seco
Central Town Serene
Sule Wis Cent Lou
Central Pac
Ches
Ohio
Cal So Inc
Alton
Ivan
Sp & M
St. Ta
Col
del. & H
del. & L
M & St P
R. G
B&n
Erie
Centraline
Erie Tel
Enone
Englel
Fort Wayne
Lamson SS
Quincy
Han
St. Jo
Boston
Brookline Land
Houst. & Tex
Il Central
San Diego Ld
Bl.& W
Bos
Snes
Lake Shore
B&l
Cambridge H
B&q
S&c
Memphis & Ch
Central
L.S
Minn
Serene
Miss
Phil & Reading
Ash
Chatoon
Bell Telephone
Sionk
Igi
PASAN
New England
Os N. Y
Eserves
Aspinwall Land
Boston Land
San Diego Land
Ieee
Oregon
Oregon Trans
Panama
T& SF
Pittsburg Pe
Eastern Railroad
Vo Reading
Mexican Central
A . Do
BERCO
Ainiis
Toch, & Pitts
Rock Island
New York
St. L. GS. Fee
Jae
Union Pacific Gs
Bet
M.&m
St. P& D
S Fe
St. Bas & O
Se Atlantic
Pac Acific
Sre
Boston & Albany
Texas Pacific
Boston & Maine
Utica & B
California
Apery W
Central of Mass
Cleveland & G ‘Anton
W. Union
Illinois
American Oil
West Michigan
Ehale
San
Cleveland
Ee .S. Esa
Poe
Flint
Pere Marg Tech
Aia Airaeis
Town Falls
Oo Isis
Old Colony
Union Pacific
Wisconsin Central
Isis
aLeve
N. Pac
Allouez
Atlantic
Brunswick Antimony Dae Rae
O. Nav
Boston & Montana
GM Co
Aiams
Calumet & Hecla , A
American
Tamarack Sneer
Savage
Mono
New York Stock Exchange
Gulf, Colorado & Santa Fe
Richmond & West Point Terminal Company
St. Paul, Minneapolis & Manitoba
Oregon Railway and Navigation Company
Consolidated
Maknow
St. Louis, Kansas & Southwestern Railroad
Tennessee Coal, Lion and Railroad Company
Birmingham
Ala
Minneapolis & Pacific
Railway Bond Offerings and Total Listed Amount
Railway Company first mortgage bonds totaling 3 085 000. Southern Pacific Railroad Company of California first mortgage bonds 6 percent series E numbers 86000 to 37000 series F numbers 37000 to 40447 4 447 000 making total amount listed 88 447 000.
Rock Island Lines Plan Southern Kansas New Mexico Route
Chicago and Rock Island Railway has issued blocks of stock totaling 5 000 000 dollars to fund a new line through southern Kansas into New Mexico. The route would run near the Atchison Topeka and Santa Fe alignment, leveraging that railroad’s experience and avoiding the Glorita Mountains washouts that have troubled Santa Fe.
MENTIONED IN THIS ARTICLE
Rock Island
Chicago & Rock Island Road
Kansas
New Mexico
Atchison, Topeka & Santa Fe Railroad
Atchison
Glorita
A Faithful Officer Resigns as Conn and Passumpsie Treasurer
At a Wednesday directors meeting Nathanial P. Lovering resigned as treasurer of the Connecticut and Passumpsipie railroad. James H. Williams was elected to fill the vacancy effective March 1. The board unanimously recorded gratitude for Lovering’s thirty eight years of faithful service and praised his integrity and ability.
MENTIONED IN THIS ARTICLE
Connecticut & Passumpsie
Nathanial P. Lovering
James H. Williams
Nathaniel P. Lovering
Department
Nickel Plate earns $439,290 in latest quarter
Nickel Plate statement shows net earnings of $439,290 for the quarter ending December 1, up from $342,228 a year earlier. Lake Shore owned substantial Nickel Plate stock before the pool, facing a $2,653,000 assessment unless holdings are sold. Second mortgage bonds are tied to the Vanderbilts. Lake Shore owes $2,658,000 on first preferred stock and holds 70,250 preferred and 62,400 common shares.
MENTIONED IN THIS ARTICLE
New York
Chicago & St. Louis
Lake Shore
Lowell & Andover Railroad
Frederick Ayer
George Ripley
Frederick F. Ayer
E. M. Sargent
Jacob Nichols
Arthur P. Bonney
Benjamin Walker
0. H. Moulton
Prescott C. Gates
James T. Furber
Philadelphia
Northern Pacific Railroad Company
St. Paul
New York Central Road
Lake Erie & Western Railway Company
Peoria
Bloomington
Muncie
Sandusky
The
Schuylkill Navigation Company
Fraley
Philadelphia & Reading Railroad Company
Corbin
Wall Street
Lake Shore Company
Nickel Plate
Vanderbilts
St. Joseph & Grand Island
Denver
Grafton
Grafton Centre Road
Upton
Milford
Lippedale
Directors Chosen At Lowell & Andover Railroad Meeting
At the annual meeting of the Lowell and Andover railroad the following directors were chosen for the ensuing year: Frederick Ayer George Ripley Frederick F. Ayer E. M. Sargent Jacob Nichols Arthur P. Bonney Benjamin Walker 0 H Moulton Prescott C. Gates and James T. Furber.
Trade card list of buyers and firms across cities
A dense roster of names and firms in various cities including Baltimore Chicago Cincinnati New York Louisville Nashville Philadelphia St Louis and more. The fragment reads as a directory of sales agents or buyers with associated firms and locales.
MENTIONED IN THIS ARTICLE
Binghamton
Scheles & Rubel
Decatur
Downing
Ads
Easton
Penn
C Nightingale
Moon & Co
Fort Worth
Tex
If Lewis
Lewis Bros & Co
Hopkinsville
A G Bush
Dabney & Bush
Ad. Kearney
Kleinhans & Simonson
Mt Vernon
Hull
Craw
Mansfeld
H Keiser
New York
I Rand
C Fisher
N Fisher & Co
Thomas E Greasen
Nashville
Tenn
Quincy
Watson
Watson & Coburn
Richmond
M May
Jacob May & Son
Savannah
8 Buck
Buck Bros
Par
St Louis
Jacob Frank
Adler, Frank & Co
G W Brown
Brown, Desnoyers & Co
J H Shaffer
Shaffer, Swarts & Co
Syracuse
C Deming
Towanda
J F Corser
Uniontown
Ala
H Long
Long & White
Utica
Jd N Cloyes
Uniforms Adopted for City Special Delivery Messengers
The city post office will issue blue uniforms with brass buttons and gold stripes for the special delivery messenger boys starting next month. Caps will display U S 8 D initials. Leopold Morse & Co. will supply the outfits, and the boys voted unanimously in favor.
MENTIONED IN THIS ARTICLE
City Post Office
Messrs
Leopold Morse & Co
Dale
Price
Post Office
Telegraph
Mutual District Service
Horsford's Acid Phosphate Touted for Digestive Disorders
Dr. E. V. Wright of Saratoga Springs New York says he has used Horsford's Acid Phosphate for years and that its phosphates’ combination proves highly valuable in treating digestive disorders.
MENTIONED IN THIS ARTICLE
Horsford
E. V. Wright
Saratoga Springs
N. Y
Market Report Shows Mixed Commodity Activity Across Items
Wool and corn are quiet while cheese shows strength and potatoes remain in good demand. Flour oats and several grains are steady or unchanged with firm provisions and fair truck demand noted.
Final 1886 Cotton Crop Report Details Seasonal Dates and Prices
The cotton crop report for 1886 notes average picking closure dates by state, with minor regional shifts. It cites about 5,650,000 bales marketed by Feb 1 and an estimated crop near 6.64 million bales, slightly above November yield forecasts. Quality is high, seed price low, and prices paid mainly to planters are modest.
MENTIONED IN THIS ARTICLE
Carolinas
Texas
Mississippi
Georgia
Louisiana
Tennessee
Arkansas
North Carolina
South Carolina
Florida
Alabama
RSME
TOXAS
Arkans
Louisana
Wool Market Shows Dull Trade Amid Tariff Debate
The wool market is dull with smaller sales and steady prices as buyers are scarce. The Attorney General's stance on wool tops as manufactures affects imports, while London and American markets report mixed activity and ongoing pressure on tariffs.
MENTIONED IN THIS ARTICLE
Treasury Department
London
America
Victoria
New South Wales
South Australia
Queensland
New Zealand
Cape of Good Hope
Natal
Ohio
Pennsylvania
Michigan
Texas
California
New York
Tops
Market Reports Feb 10 Flour and Grain
The flour market is unchanged and trading at concessions due to the wheat decline. Corn and oats are quiet with little business. steamer yellow corn brings 51/4c. Open bids show No 2 white oats around 38 to 39 cents and a 39 cent settling price. Inspections total 46 cars including assorted wheats and grains. Grain on passage references Beerbohm’s London cablegram of Feb 9, 1887.
MENTIONED IN THIS ARTICLE
Beerbohm
London
Wool market buoyed by firmer tone amid limited supply
In Cincinnati demand for pulled wool rises as longer staples fetch modest gains while combing wool remains scarce. The market shows light country offerings and producers resist lower prices. Chicago notes tight supply and steady to higher values for pulled wools with reports of large recent sales across fleece and delaine categories.
MENTIONED IN THIS ARTICLE
Pennsylvania
Tbs
Colorado
Western
Oregon
Missouri
Cincinnati
Chicago
Montana
Wisconsin
Michigan
Texas
California
Bbc
Montevideo
Providence
James W .Saft
GA Wheelock
Martin
Jefferson
TE Hopkins
James Eddy
Wheelock
T T Chase
Felton
Mr Barrows
Burlington Woollen Mills
H Margraves
Great Falls
Ohio
Kentucky
Canada
Delaine
Wyoming
Aiacios
Kansas
Nebraska
Cibot Cis
Sisunis
Michi
Panass
Oregon Medium Valley
Australian
New Zealand
Also Mentioned on This Page
yootRe Fen FF
LDBOV
Oregon Transcontinental
Oregon Railway and Navigation
Oregon Railway and Navigation Lease
Bign
York & the
Cincinnati, Sandusky & Cleveland
Indiana Bloomington & Western Company
Little Rock & Fort Smith
New York & New England
New York Desnatay
New New England
Danbury & Norwalk
Housatonic
New Haven & Derby
Port {Hester
Pennsylvania Railroad
Cambridge
Massachusetts
Kidder, Peabody & Co
Devonshire St
Boston, Mass
Nassau St
Baring Brothers & Co
Europe
Basset, Whitney & CO
Devonshire Street
Irving A, Evans & CO
Stock Exchange Building
State Street
Banking
Stock Exchange
City OF
Portsmouth
Blake Brothers & Co
H. D. Kyle
Broad
New Streets
New York City
Northern Trust
Chesapeake
St. Louis, & Ohio
North Jacksonville & Chicago
News & Western
Indiana
Kentucky Central
Nissouri Pacific
Conera Pacific
Lackawanna Ouston & Texas & Western
Wabash General
Decatur & Evansville
Evansville
N. W
Boston Stock Exchange
Col Soine
IVA Fic
T&sf
California Southern
SGC
Ee Nas
Ae U Pac
A & Pine
Leo Pemortz
B& N
Giotalers Somata SO Oa
Ny&n
He Og & Lcine
Az Eastern Bond Scrip
Am Ball Tal
Sol
Woo
Soree
Itaa
Boylston St Ld
Mawar
A. T&s
Albany
Sinhach Ae
Sree
Savina Ae
Cwseevee
Do Com
Cal
Spr & Cin
Fts
TE &Scy
Wit
Wilson W. Fay & Co
McKay
Elec
Lord Acoustic
Gray's Dynamo
Foreign Financial Markets
NEW York Financial
Railroad Matters
Root and Shoe Buyers
Oseneeer
Salem
United Kingdom
Oeenee
Bush
Portland
Newport News
Baltimore
New Orleans